NEST was set up to give millions of people access to a high-quality, low-charge pension scheme at work for the very first time. It’s run in members’ interests on a not-for-profit basis and is part of the government’s new workplace pension reforms that began to be introduced in October 2012.
NEST has been designed specifically for automatic enrolment following an unprecedented amount of research into the needs of our future members. They’ve got an award-winning investment approach and use plain language to make pensions easier to understand. Any UK employer can use NEST to meet their new workplace pension duties.